RSS

Real Estate News Today 4-23-2012

23 Apr

Check out and LIKE us on Facebook to follow other industry news!  Facebook

Today’s news that may be of interest to you:

Regulators Examine Bank Overdrafts Reaping $31 Billion
The Houston Chronicle | April 21, 2012
Two years after regulators gave Americans more power to manage overdrafts of their checking accounts, the Consumer Financial Protection Bureau is reviewing bank practices to determine if the crackdown went far enough.

House Shoppers Find FHA Loans Cost More
Indianapolis Star April 22, 2012
Mortgages insured by the Federal Housing Administration — often called “FHA loans” — have long been an option for home buyers who don’t have a lot of cash for a down payment or whose credit is less than optimal. For that reason, FHA loans became vastly more popular after the implosion of the subprime mortgage market. (This is a very misleading headline.  One might easily assume it so suggest that FHA mortgages cost more than others.  However if you reasd the article, it simply tells the story that FHA loans cost more now than they used to. ~Anthony)

Moody’s Predicts Tougher Times for Some Homebuilders
HousingWire | April 19, 2012
Homebuilders with good liquidity can expect double-digit growth rates in 2012.  Not that the housing market is particularly robust, but larger companies are taking market share from less-prepared homebuilders, according to a report from Moody’s Investors Service.

For House Hunters, Mobile Apps Put Information at Arm’s Length
The Washington Post | April 20, 2012
Home buyers face no shortage of questions during their search for the ideal property: How many bedrooms does the home have? What are the schools like? When did it last sell? For how much?  The answers may be in your pocket.

Low-Ball Bidders No Longer Get a Steal
The Washington Post | April 22, 2012
It’s not something that economists routinely track, but it provides a rough sense of what’s happening in local real estate markets. Call it the low-ball index.

After the Bailout: Few Fans but No Fix for Fannie and Freddie
Reuters | April 23, 2012
In considering how to fix the ailing U.S. housing market, Republicans and Democrats in Washington have found a rare point of agreement: they would prefer life without failed mortgage giants Fannie Mae and Freddie Mac.

Long & Foster Finding Success in Rebounding Housing Market
The Washington Post | April 20, 2012
Long & Foster finds success in a rebounding housing market: The homegrown company is not a passive recipient of the market’s good fortune. Rather, it made strategic adjustments in order to weather the housing crash.

Alternatives to the “F” Word – How to Avoid Foreclosure
RealEstate.com | April 21, 2012
Delinquent: No longer just a word to describe unruly adolescents. Full-grown responsible adults now bear the scarlet letter because, for one reason or another, they can’t make their mortgage payments. (I got this great article from an unnamed Realtor friend in Atlanta, GA.  Thanks friend!  I love it when my readers post great stuff I can use.  Keep it up everybody! ~Anthony) 

 

Anthony Carollo 2007 EMAIL  

 

Join My List

Find me on:     LinkedIn     Twitter     Facebook

Anthony V. Carollo / President
Stewart Title of Spokane
606 W. 3rd Ave.
Spokane, WA 99201
Telephone: 509.328.7171
Direct Line: 509.321.3939
Direct Fax: 866.652.8834
acarollo@stewart.com

Please remember to choose Stewart Title of Spokane on your next transaction!

www.StewartSpokane.com

Advertisements
 

Tags: , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

 
%d bloggers like this: